Tuesday, January 24, 2012

Solving debt problem with even more debt

IMF chief going bonkers

Ms Lagarde: "We must all understand that this is a defining moment. It is not about saving any one country or region. It is about saving the world from a downward economic spiral."

Posted by ant @ 09:16 AM (1141 views)
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2 thoughts on “Solving debt problem with even more debt

  • Rates for savers are so low, its totally out of fashion.

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  • I note that Greg ends by questioning our ‘leaders’ sanity, which is a reasonable point but ignores the far more likely question of the level of outright stupidity. My limited experience suggests that the latter is the crux.

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